Indonesia
Indonesia’s BNPL platform Kredivo now owns 99.99% of Vietnam’s digital bank Timo
Indonesia's buy now pay later (BNPL) firm Kredivo now holds a 99.99 percent stake at Timo Vietnam JSC, also known as Timo digital bank by BVBank in Vietnam.
Sovereign funds from China, Indonesia, Azerbaijan team up to launch $1B PE fund
China Investment Corporation (CIC), Indonesia Investment Authority (INA), and the State Oil Fund of the Republic of Azerbaijan (SOFAZ) have jointly established the $1 billion Galaxy Orientis China–ASEAN Investment Platform (CAIP), a sovereign-led private equity platform dedicated to capturing long-term investment opportunities across the China–ASEAN…
Indonesia’s supply chain growth platform Baskit raises $4.4M Series A to expand Southeast Asia operations
Indonesia-based Baskit, a technology and financial services platform focused on digitizing offline distribution networks in Southeast Asia, has secured $4.4 million in a Series A funding round.
BMI sees Batam emerging as compliance-led data center hub, while Jakarta retains structural dominance
Indonesia’s data center sector is entering a structurally differentiated growth phase, with Batam increasingly positioned as a regulatory compliance and Singapore-linked overflow hub, while Jakarta continues to anchor core hyperscale and enterprise demand, according to BMI Country Risk and Industry Research.
Danantara Indonesia sets up integrated waste management firm for waste-to-energy projects
Danantara Indonesia has announced the establishment of PT Daya Energi Bersih Nusantara (PT Denera), an integrated waste management company designed to serve as the holding entity for all Waste-to-Energy (WtE) or Pengolahan Sampah menjadi Energi Listrik (PSEL) project implementation across the country.
Indonesia will advance healthcare outcomes with value-based digital health – BMI
Indonesia's new digital health toolkit, developed by Indonesian health leaders in partnership with researchers at Australia’s Monash University, will support a shift to value-based digital health, BMI Country Risk and Industry Research said Wednesday.
Danantara Investment Management, SMBC Aviation Capital, Mandiri Investment Management team up for Indonesia’s first aviation leasing fund
Danantara Investment Management, SMBC Aviation Capital, and Mandiri Investment Management announced Wednesday the framework agreement for the development of Mandiri Aviation Leasing Fund, Indonesia's first dedicated aviation leasing investment platform. The initial portfolio value of the fund is around $800 million.
Indonesia, South Korea launch cross-border QR payments to boost trade and tourism
Bank Indonesia and the Bank of Korea have officially launched a cross-border QR-based payment system, enabling Indonesian citizens to make transactions in South Korea using QRIS through domestic apps without the need for currency conversion.
Upbit partners ICEx to establish Indonesia’s digital asset Infrastructure
Upbit, a digital asset exchange operated by Dunamu Inc., announced Friday that it has signed a memorandum of understanding (MOU) with Indonesia Crypto Exchange (ICEx), a licensed digital asset bourse in Indonesia, to establish a strategic framework for technical and operational collaboration aimed at accelerating the development of Indonesia's regulated…
Green SM signs $35.33M investment loan agreement with BCA
Green SM Indonesia and Bank Central Asia (BCA) have on Friday announced the signing of a five-year investment loan agreement with a total value of IDR 600 billion ($35.33 million), marking the formalization of a long-term financial partnership between the two parties.
